If the Quantity of Textbooks Supplied Is 10,000 Per Year

question 203

Multiple Choice

If the quantity of textbooks supplied is 10,000 per year and the quantity of textbooks demanded is 8,000 per year, there is a ________ in the market and the price will ________.

• A) shortage; rise
• B) shortage; fall
• C) surplus; rise
• D) surplus; fall

---

Definitions:

General Case

A scenario or problem statement that applies broadly without considering specific exceptions or conditions.

Directly Obtained

Refers to information or results that are immediately accessible without the need for intermediate steps or calculations.

Limiting Conditions

Conditions or constraints that define the bounds or limits within a program or algorithm can operate.

Tail Recursive

A special form of recursion where the recursive call is the last operation in the function, allowing for optimization by some compilers.